Perform EDD activities, focused on the assessment and underwriting of high-risk customers per established guidelines.
Review and analyse client information along with account transactional activity and write clear, concise summaries identifying customer risks and associated mitigating factors, to include providing overall comfort rationale and a final recommendation for customer retainability. This EDD work involves quickly learning company policy, procedures, guidelines and governance programs, along with various systems to support the research. EDD reviews will also need to pass internal quality standards.
Assist with activities supporting the EDD process, such as execution of due diligence reporting processes and controls, and collaborating and consulting with peers, managers and internal and external partners to resolve issues and achieve goals.
Roles And Responsibilities:
BSA/AML/OFAC Regulatory Compliance experience in large, diverse financial institutions
Experience performing complex financial crimes due diligence and risk analysis, to include transactional reviews
Previous experience assessing and underwriting high risk customer segments
Demonstrated ability to evaluate risks and to communicate, through writing, relevant risk and recommendations in a simple, decisive, timely and market-appropriate manner